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Jakarta Post
Prospective airplane passengers queue on Dec. 21, 2024, to enter Soekarno Hatta Airport Departure Terminal 1A in Tangerang, Banten. PT Angkasa Pura Indonesia (API) as manager of the airport, noted that the peak of the 2024 Christmas homecoming flow occurred from Dec. 20 to Dec. 22 of that year.
Prospective airplane passengers queue on Dec. 21, 2024, to enter Soekarno Hatta Airport Departure Terminal 1A in Tangerang, Banten. PT Angkasa Pura Indonesia (API) as manager of the airport, noted that the peak of the 2024 Christmas homecoming flow occurred from Dec. 20 to Dec. 22 of that year.`
Companies premium

Airlines push for higher fare cap as fuel costs rise, rupiah weakens

Avtur prices at Soekarno-Hatta International Airport in Jakarta rose to Rp 27,358 (US$1.57) per liter for May period, up 16 percent from Rp 23,551 per liter in April and more than doubling from Rp 13,656 in March.

13 minutes ago
Economy premium

P2P lending surges in March, but bad loans still high

The bad loan rate began to spike in November 2025 and now hovers above 4 percent, while the fintech sector has come under pressure recently following the KPPU's ruling on monopolistic practices related to interest rates.

1 hour ago
Economy premium

Govt to launch incentives for 200,000 EVs to boost sales, cut fuel subsidies

In a push to reduce the burden of fuel subsidies on the state budget and boost growth in the latter two quarters, the government is planning to roll out a new incentive for purchases of electric two- and four-wheelers in June.

2 hours ago

The Latest

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Markets

Oil sinks and stocks rally on peace hopes, Samsung tops $1 trillion

Oil prices extended losses and stocks rallied Wednesday on fresh hopes for an end to the Iran war and the reopening of the Strait of Hormuz, while Samsung blasted past the $1 trillion valuation mark as the AI tech boom continued apace.

3 hours ago
Economy

'Interventionist' policies may deter Indonesia's growth

Every dollar increase in the global oil price adds a burden of about Rp 6.8 billion (around $400 million) to the state budget.

6 hours ago
Economy premium

GDP surprises with 5.61% growth in Q1

The Indonesian economy exceeded expectations in the first quarter as the country posted the strongest gross domestic product growth in years, thanks to a seasonal boost to consumer spending.

1 day ago
Regulations

Outsourcing reform: Protection with two-tier responsibility

A new regulation stated that the protection of outsourced workers, including wages, overtime, social security and severance, is the responsibility of the outsourcing firm, while the principal company's role is to ensure compliance.

22 hours ago
Tech premium

Philips bets on AI monitoring to cut hospital costs, ease staff shortages

Stephanie Sievers, managing director at Philips APAC, said connectivity and remote care models would be key to improving access, as cost and staffing pressures intensify, particularly in geographically dispersed markets, such as Indonesia. 

1 day ago
tech

Energizing Indonesia’s rise as an AI contender

Agentic AI are execution models involving autonomous agents that coordinate across workflows, tools and systems with minimal human input.

2 days ago
tech

EU countries, lawmakers fail to reach deal on watered-down AI rules

EU countries and European Parliament lawmakers failed to reach a deal on watered-down landmark artificial intelligence rules after 12 hours of negotiations on Tuesday and will resume talks next month.

1 week ago
tech

QRIS & content: A lifeline for MSMEs

With over 43 million merchants connected to the Quick Response Code Indonesian Standard (QRIS) payment system as of January, digitalization now defines the identity of today's tech-savvy market traders, moving beyond large corporations.

1 week ago
tech

Australia aims to tax tech giants unless they pay news outlets

Prime Minister Anthony Albanese said tech giants Meta, Google and TikTok would be given a chance to strike content deals with local news publishers.

1 week ago
tech

DeepSeek unveils new AI model tailored for Huawei chips

The close collaboration with Huawei on the new model, the V4, contrasts with DeepSeek's past reliance on Nvidia's AI chips.

1 week ago
tech

Apple's Tim Cook to step down as CEO in September

Tim Cook will be replaced by company veteran John Ternus, who joined Apple’s product design team in 2001 and rose to become senior vice president of hardware engineering over the following two decades.

2 weeks ago
companies

Spirit Airlines shuts down, industry's first Iran war casualty

Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. All flights have been canceled, the statement said, asking passengers not to go to the airport.

3 days ago
regulations

Outsourcing reform: Protection with two-tier responsibility

A new regulation stated that the protection of outsourced workers, including wages, overtime, social security and severance, is the responsibility of the outsourcing firm, while the principal company's role is to ensure compliance.

22 hours ago
regulations

Prabowo orders ride-hailing companies' maximum commission set at 8 percent

Prabowo said he signed a presidential regulation which was the basis for the new maximum commission cap that ride-hailing firms could take from their driver partners.

4 days ago
regulations

Wikimedia completes Indonesia registration under threat of ban

Under a 2020 regulation, all electronic system providers (PSEs) must register in Indonesia for what the government called legal and user protection purposes before making their services available.

5 days ago
markets

Oil sinks and stocks rally on peace hopes, Samsung tops $1 trillion

Oil prices extended losses and stocks rallied Wednesday on fresh hopes for an end to the Iran war and the reopening of the Strait of Hormuz, while Samsung blasted past the $1 trillion valuation mark as the AI tech boom continued apace.

3 hours ago
markets

Stocks gain in Asia, oil flat amid new Gulf proposals

Shares edged higher while oil prices flatlined in Asia on Monday as investors drew comfort from signs of patchy progress in settling the Middle East conflict at the start of a week packed with earnings and key economic data.

2 days ago
markets

OPEC+ hikes oil production quotas but stays mum on UAE pull-out

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.

2 days ago
markets

Trump warns Iran blockade could last months, sending oil soaring

Brent oil futures soared another 7.6 percent to US$119.69, the highest price since the early days of the Ukraine war in 2022.

6 days ago
markets

Inflation fears send euro zone yields to multi-week highs

Euro zone bond yields hit multi-week highs on Tuesday after a survey showed euro zone consumers expecting higher inflation, prompting markets to raise the likelihood of a hike in interest rates by the European Central Bank in the coming months.

1 week ago
markets

Crude extends gains as Trump considers latest Iran proposal

Oil prices edged up and stocks wavered Tuesday as Donald Trump weighed an Iranian proposal that would reportedly re-open the Strait of Hormuz and end the eight-week-old war.

1 week ago

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